Don't Pay Over MSRP!!!
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Hi ALL!
This being my first post, I wanted to go ahead and share this with everyone right off the bat. Do yourselves a favor....do not pay over MSRP for your EVO VIII! I have read in a couple of places mentioning that company reps, for not only the Mitsubishi EVO VIII, but also for the Suabru WRX STi, have said that any dealers that sell those cars over MSRP will have their following allocations withheld / cancelled. I know for a FACT that Suabru of America will not allow their dealers to sell the STi for over MSRP and the Mitsu information seemed genuine and reliable.
For the record, I'm also looking at an EVO VIII, but I'm also looking at the STi, Mazda RX-8, New Mustang, GTO, and a few other cars that are coming out in the near future or that are already out (G35 Coupe for one). There is going to be so much competition out there in the sports car market over the next year that those who wait a little are going to be rewarded with some good deals on some nice cars.
Also don't buy something just because it's a fad or the "in thing" to do. Make sure it's what YOU really want, because there's nothing worse than buyer's remorse, especially when you are talking about something that costs $30K.
Anyway...I'll get off my soap box now.
.....LOL.
Good to be here to shoot the breeze....
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This being my first post, I wanted to go ahead and share this with everyone right off the bat. Do yourselves a favor....do not pay over MSRP for your EVO VIII! I have read in a couple of places mentioning that company reps, for not only the Mitsubishi EVO VIII, but also for the Suabru WRX STi, have said that any dealers that sell those cars over MSRP will have their following allocations withheld / cancelled. I know for a FACT that Suabru of America will not allow their dealers to sell the STi for over MSRP and the Mitsu information seemed genuine and reliable.
For the record, I'm also looking at an EVO VIII, but I'm also looking at the STi, Mazda RX-8, New Mustang, GTO, and a few other cars that are coming out in the near future or that are already out (G35 Coupe for one). There is going to be so much competition out there in the sports car market over the next year that those who wait a little are going to be rewarded with some good deals on some nice cars.
Also don't buy something just because it's a fad or the "in thing" to do. Make sure it's what YOU really want, because there's nothing worse than buyer's remorse, especially when you are talking about something that costs $30K.
Anyway...I'll get off my soap box now.
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Good to be here to shoot the breeze....
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#2
There is going to be so much competition out there in the sports car market over the next year that those who wait a little are going to be rewarded with some good deals on some nice cars.
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That's good that
is doing that! This way they don't lose sales because of a few idiot dealers. Thanks for the info, it gives me another bargaining tool when I go into the dealership.
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Originally posted by YellwTyper
I see it as, Im willing to pay a little more then someone else just to get the car first.
I see it as, Im willing to pay a little more then someone else just to get the car first.
Subaru/Mitsubishi are producing those cars for a specific target market. If they were to leave it up to the dealers to price these vehicles with mark ups to outrageous prices, the demand, along with a bunch of people with money to burn would drive the price of these cars out of their target market and making it impossible for a lot of people to own them. This in turn would put the cars to compete with products at a totally different trim/luxury/performance level such as Audis, BMWs, and other higher priced cars and defeat the purpose of making them to begin with because once you get to a certain price range, the people with lots of money start looking at it as "why do I want to pay this much for a Mitsubishi/Subaru when I can buy X brand car for this much". Then the sales for the Mitsu/Suabru start to suffer and they get discontinued for lack of demand. (RX-7, Supra, and 3000GT ring a bell?)
The EVO and STi are meant to be affordable high performance enthusiast cars for those of us that can't afford or have no desire to own luxury sports cars and I applaud Mitsubishi and Subaru for trying to keep it that way!
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Not knocking the people that want to be the first on their block to drive one of these for the "bragging rights", but let's face it, there's going to be plenty of other of them on the road sooner if not later......
The only way I could see getting a car first could be a benefit is if you get a REALLY low serial number and preserve the car without driving it as a nice collector car.
Just my 2 cents and no hard feelings.....
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The only way I could see getting a car first could be a benefit is if you get a REALLY low serial number and preserve the car without driving it as a nice collector car.
Just my 2 cents and no hard feelings.....
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Where did you read this information about Mitsubishi not wanting their Dealers to sell above MSRP? If it is writen somewhere official, maybe we could use it at dealers that insist on ripping us off.
Something else to think about... My local dealer told me that Mitsubishi wants him to order "accessories" and put them on the car prior to sales so they can jack the price. Do they even have accessories for the Evo yet..?
Something else to think about... My local dealer told me that Mitsubishi wants him to order "accessories" and put them on the car prior to sales so they can jack the price. Do they even have accessories for the Evo yet..?
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Guys are bidding over 1K now on ebay to buy a car at MSRP! That is not MSRP That is at least 1k over MSRP.. My dealers are quoting 5K over MSRP( Avondale , Mark and Tempe Mitsu) They sound like a recording Gotta Gouge while the gougin is good!
I will wait!
Good luck to the rest!
Kevin
I will wait!
Good luck to the rest!
Kevin
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Re: Don't Pay Over MSRP!!!
Originally posted by Dtech
Hi ALL!
This being my first post, I wanted to go ahead and share this with everyone right off the bat. Do yourselves a favor....do not pay over MSRP for your EVO VIII! I have read in a couple of places mentioning that company reps, for not only the Mitsubishi EVO VIII, but also for the Suabru WRX STi, have said that any dealers that sell those cars over MSRP will have their following allocations withheld / cancelled. I know for a FACT that Suabru of America will not allow their dealers to sell the STi for over MSRP and the Mitsu information seemed genuine and reliable.
Hi ALL!
![Spinning Smile](https://www.evolutionm.net/forums/images/smilies/spin.gif)
This being my first post, I wanted to go ahead and share this with everyone right off the bat. Do yourselves a favor....do not pay over MSRP for your EVO VIII! I have read in a couple of places mentioning that company reps, for not only the Mitsubishi EVO VIII, but also for the Suabru WRX STi, have said that any dealers that sell those cars over MSRP will have their following allocations withheld / cancelled. I know for a FACT that Suabru of America will not allow their dealers to sell the STi for over MSRP and the Mitsu information seemed genuine and reliable.
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Re: Re: Don't Pay Over MSRP!!!
Originally posted by Mark F
What your describing has NEVER been uttered toward the principals for the dealership I work for, and probably because I don't think its legal. By law retailers are free to charge whatever the market will bare - above or below MSRP. Manufacturers can not dictate pricing.
What your describing has NEVER been uttered toward the principals for the dealership I work for, and probably because I don't think its legal. By law retailers are free to charge whatever the market will bare - above or below MSRP. Manufacturers can not dictate pricing.
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THIS JUST IN!!!
I just got a call back from a local Mitsubishi dealer I had sent an e-mail to about the EVO (pricing, deposit, procedure, etc.) First of all they didn't sound too informed about all the details I think we know more than most dealers right now) because Mitsu has been slow to get out the info to them supposedly.
Anyway we disussed the fact thay they are receiving their first cars (11 of them) the second week in February and that they had already presold 2 for supposedly $4000 over invoice. I immediately told him that I wasn't really in a hurry to buy the car and that I was also cross shopping the Subaru STi and I knew for a fact that they will NOT be charging over MSRP for it. He immediately said "Well the first few people will get hit with a brick over the head, but let's just forget we had this conversation about pricing and we'll see what we can do when the cars come in.".....
Sounds like a major backpedal to me!!! I just said that that sounded good and I'll be waiting for more info.
Mind you, I have no intention of buying a car before at least 5 or 6 months from now if not more, but it's good to know the "before" and "after" of how the dealers were willing to treat you at release and then later on in the year, especially since I've bought a car from this particular Mistubishi dealer in the past!
Funny enough, a salesperson from Kendall Mitsubishi another local dealer for me, has already posted that they will sellfor MSRP....Not that I mentioned it to this dealer! (William Lehman Mitsubishi)
I just got a call back from a local Mitsubishi dealer I had sent an e-mail to about the EVO (pricing, deposit, procedure, etc.) First of all they didn't sound too informed about all the details I think we know more than most dealers right now) because Mitsu has been slow to get out the info to them supposedly.
Anyway we disussed the fact thay they are receiving their first cars (11 of them) the second week in February and that they had already presold 2 for supposedly $4000 over invoice. I immediately told him that I wasn't really in a hurry to buy the car and that I was also cross shopping the Subaru STi and I knew for a fact that they will NOT be charging over MSRP for it. He immediately said "Well the first few people will get hit with a brick over the head, but let's just forget we had this conversation about pricing and we'll see what we can do when the cars come in.".....
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Mind you, I have no intention of buying a car before at least 5 or 6 months from now if not more, but it's good to know the "before" and "after" of how the dealers were willing to treat you at release and then later on in the year, especially since I've bought a car from this particular Mistubishi dealer in the past!
Funny enough, a salesperson from Kendall Mitsubishi another local dealer for me, has already posted that they will sellfor MSRP....Not that I mentioned it to this dealer! (William Lehman Mitsubishi)
Last edited by Dtech; Jan 20, 2003 at 07:00 PM.
#14
I went to a dealership today and they said they are taking $2000 deposits for the Evo at, get this, at least $5000 over sticker. I laughed at him and walked out.
No way I pay over sticker. There are other cars that become more attractive at a higher price range.
Don't over pay, its just not right.
No way I pay over sticker. There are other cars that become more attractive at a higher price range.
Don't over pay, its just not right.
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No harm in paying sticker for a hot, "in demand car". IMHO
Being in the car biz allows me to see it from the dealers eyes.
Any dealership that charges over sticker, is a dealership that you should definately walk out of..
I have never sold a Lexus for over sticker, because Lexus franchise and "Lexus Covenant" guidelines prohibit it....Lexus clients would be apalled if you "held them up" like that. Besides, how fair is it in general?
Seeing and hearing all of these stories about these jag off dealers charging waaay over sticker is starting to **** me off.
I mean, Here I am selling the best selling luxury car in the world, and wouldn/t think of gouging clients just because there is a feeding frenzy on the GX470, or whatever!
BTW...It was hinted that Mitsubishi has mentioned to dealers that the "average" over on pricing has been $3,000.00. They haven't exactly discouraged this pricing structure. Meeting with a Mits manager tommorw, so I will find out..
An EVO 8 over sticker is utterly ridiculous....
Being in the car biz allows me to see it from the dealers eyes.
Any dealership that charges over sticker, is a dealership that you should definately walk out of..
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I have never sold a Lexus for over sticker, because Lexus franchise and "Lexus Covenant" guidelines prohibit it....Lexus clients would be apalled if you "held them up" like that. Besides, how fair is it in general?
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Seeing and hearing all of these stories about these jag off dealers charging waaay over sticker is starting to **** me off.
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I mean, Here I am selling the best selling luxury car in the world, and wouldn/t think of gouging clients just because there is a feeding frenzy on the GX470, or whatever!
BTW...It was hinted that Mitsubishi has mentioned to dealers that the "average" over on pricing has been $3,000.00. They haven't exactly discouraged this pricing structure. Meeting with a Mits manager tommorw, so I will find out..
An EVO 8 over sticker is utterly ridiculous....
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